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20121101
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. tracie potts is in washington with the latest on that. good morning to you. >> reporter: lynn, good morning. and in that speech, and it will be a speech because there will be no questions, we're told, from the white house, the president will urge congress to do one thing immediately. extend the bush tax cuts. that means your tax rate would not go up as of january 1st. beyond that, it's still vague. we're told he won't pitch a specific plan but he will urge congress, republicans and democrats, to cooperate to avoid that fiscal cliff andrea was just talking about. we will also hear today before the president from house speaker john boehner on what republicans are willing to do, how far they're willing to go. as you heard yesterday, he talked about possible tax revenue but conservatives say, and he later clarified in that interview, he was not talking about raising taxes on the wealthy, which is what the president proposed. what the republicans want to do is implement pro-growth policies. if the economy grows, people are making more money and that will create more tax revenue. lynn. >>
's tracie potts has all those details from washington. tracy, good morning. >> lynn, one of the latest national polls out there give president obama just a 1%age point lead nationally. that is a tie. the president heads back out today to speak with voters. president obama's back on the campaign trail today. new nbc poll show him ahead by six in iowa, three in wisconsin, and two in new hampshire. but this week he focused on new jersey. >> we're not going to tolerate red patape. >> reporter: touring storm damage with republican rival chris christie. >> i can not thank the president enough for his personal concern and compassion for our state. there will be some folks who criticize me for complimenting him. well, you know what? i speak the truth. >> reporter: the president is picking up political points. >> the message that christie is sending voters is that obama is doing a good job. he's not a scary, socialist person. he is somebody who can be trusted. >> reporter: in florida, governor romney criticized the administration's record helping small business. >> sometimes regulators seem to
have set backs when it keeping waterways confined. a washington community was flooded after a beaver dam gave way. a deluge of water caused road closures and damage to at least one home. the homeowner had complained about the dam to county officials before it ruptured. and was told the army corps of engineers had been notified. >>> now let's get to your money. stocks edged higher monday. looking back the dow gained 3.3% on election day 2008. another note, historically the dow and the s&p have both performed about 30% better under democratic ppts than republicans. a federal judge threw out a patent suit hours before trial. tesla jumped 9% as it ramps you have production of the sedans. american suzuki filed for chapter 11 bankruptcy. nike is reportedly in final talks to sell its shoe brand to a private equity firm for $500 million. phillips 66 has a major gas refinery will remain idle for two to three weeks for sandy-related repairs. >>> good news. whole frozen turkeys cost only about five cents more than two years ago. anheuser-busch is asking paramount to remove the bud logo of the m
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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